Legal Colorado Sportsbooks 2025: CO Sports Betting & Legislation Updates

Quick Summary of Online Sports Betting in Colorado

Colorado Online Sports Betting Updates

The Colorado sports betting market remains one of the most active in the nation, with frequent operator changes, strong monthly handles, and new developments shaping the landscape. Here’s the latest:

• August 30, 2025 – Colorado reported July 2025 handle of $352.3M and ~$35.5M GGR.

• August 7, 2025 – FY 2024–25 set records: $6.30B in wagers and ~$36.82M in taxes; June 2025 handle was $372.49M.

• July 22, 2025 – Hard Rock Bet launched online in Colorado under market access with Johnny Nolon’s Casino.

• May 27, 2025 – April 2025 handle posted at $507.86M (with March 2025 at $618.04M noted in the release).

• April 25, 2025 – Division of Gaming reported March 2025 increases in adjusted gross proceeds and total taxes.

• March 31, 2025 – February 2025 handle was $496.63M; monthly taxes were ~$3.43M; FYTD taxes surpassed $24.5M.

• January 2025 – January 2025 handle reached $657.18M (monthly taxes ~$4.44M).

Best Colorado Sportsbooks Reviewed

With more than a dozen top-tier operators active, Colorado is one of the most competitive sports betting markets in the U.S. Whether you’re looking for deep betting markets, strong live streaming, or the best rewards programs, there’s something for everyone. Below is our breakdown of the best sportsbooks in Colorado and what makes each one stand out:

bet365 CO Sportsbook

Pros & Cons

• One of the Best CO Sportsbooks
• Great Live Streaming
• Iconic & Pleasing Design

• Interface can Feel Outdated

bet365 brought its global reputation to Colorado in September 2022, offering one of the deepest betting menus in the state. Users can use the welcome bonus and other promotions to back local favorites like the Denver Broncos, Nuggets, or Avalanche.

Known for elite live betting and streaming options, bet365 allows users to watch hundreds of thousands of events from inside the app. Odds are competitive across major and niche sports, and early payout features provide extra security for bettors during high-stakes games.

Editor’s Note: bet365’s live streaming is among the best in the industry, covering soccer, tennis, basketball, and more. For Colorado bettors who enjoy in-play wagering, the smooth streams and instant stats make it a standout choice.

Read our bet365 Sportsbook review here.

Sports Promo

4.6/5

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Welcome Offer

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DraftKings CO Sportsbook

Pros & Cons

• Recognizable Green & Black Design
• Dynasty Rewards Loyalty Program
• Top-tier App

• No 24/7 Live Chat

DraftKings has been a mainstay in Colorado since the market launched in 2020, offering an exceptional app, extensive betting markets, and generous promos. Various offers can be used on everything from Broncos games to Rockies series bets.

The integration of daily fantasy sports with traditional betting makes DraftKings a one-stop shop for many Colorado bettors. Seasonal promos often center around Denver’s major teams, and the interface is quick and reliable for both casual and experienced users.

Editor’s Note: DraftKings’ DFS integration is unmatched in Colorado, letting you swap between fantasy contests and sportsbook wagers without leaving the app. It’s perfect for bettors who want multiple ways to engage with a game.

Read our DraftKings Sportsbook review here.

Sports Promo

4.8/5

New Customers: Bet $5+ Get $300 in Bonus Bets If Your Bet Wins + 3 Months of League Pass On Us!

Welcome Offer

Open DraftKings

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FanDuel CO Sportsbook

Pros & Cons

• One of the Best Sportsbook Apps
• Quality Odds
• Fast Payouts

• Customer Support can be Lackluster

FanDuel’s Colorado app is one of the most polished in the market. FanDuel’s Same Game Parlay feature is hugely popular during NFL season, and its odds boosts frequently include Colorado-based teams. The app’s navigation is clean and intuitive, making it easy to place bets quickly, even in-game.

When it comes to markets, FanDuel in Colorado covers the big four (NFL/NBA/NHL/MLB) along with MLS, UFC, golf, tennis, motorsports, and plenty of niche leagues. You’ll find a full futures board for divisions, conferences, and awards so Broncos, Nuggets, Avalanche, and Rockies fans can back long-term positions, too.

Editor’s Note: FanDuel’s speed and simplicity make it a top choice for live betting. Pre-built parlays, quick bet slips, and well-organized sports tabs keep the experience smooth for new and seasoned bettors alike.

Read our FanDuel Sportsbook review here.

BetMGM CO Sportsbook

Pros & Cons

• Plenty of Payment Methods
• Great Loyalty Program
• Frequent Promotions

• Not Many Niche Sports

BetMGM offers one of Colorado’s most versatile platforms. Its MGM Rewards program lets you earn points redeemable at MGM properties nationwide, adding value for frequent travelers. Regular NFL boosts and parlay insurance often feature Denver-based matchups, giving locals even more reasons to sign in.

Live betting is robust with quick updates and a wide in-play menu, and you’ll find a comprehensive futures board for your favourite Colorado teams. Keep an eye on BetMGM’s Lion’s Boosts for enhanced odds on select markets, too.

Editor’s Note: BetMGM’s ongoing promos - especially for NFL and NBA - make it one of the most rewarding options for repeat users in Colorado.

Read our BetMGM Sportsbook review here.

Sports Promo

4.6/5

Up To $1500 Paid Back in Bonus Bets if Your Bet Doesn't Win

Welcome Offer

Open BetMGM

Get Bonus

Caesars CO Sportsbook

Pros & Cons

• Amazing Rewards Program
• Highly Competitive Bonuses
• Lots of Payment Methods

• Basic Design & Theme

Caesars combines competitive odds with one of the best loyalty programs in the industry. Same Game Parlays are available across the major leagues, live betting is expansive with quick-moving in-play options and cash-out on many markets, and the futures board covers divisions, titles, and awards

Its Caesars Rewards program lets you redeem points for stays, meals, and entertainment at Caesars properties, adding long-term value to regular betting. Colorado bettors also benefit from frequent odds boosts and parlay bonuses.

Editor’s Note: For users who want their wagers to translate into real-world perks, Caesars’ integration with its hospitality network is unmatched.

Read our Caesars Sportsbook review here.

Sports Promo

4.5/5

Bet $1, Double your Winnings on your Next 20 Wagers. Up to $25 Max Bet Per Boost

Welcome Offer

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Fanatics CO Sportsbook

Pros & Cons

• FanCash Rewards
• Team Merchandise Integration
• Personalized Discover Page

• Still Working Through App Bugs

Fanatics entered Colorado in December 2023 and offers a unique combination of betting and retail perks. With its FanCash program, every wager earns credits that can be spent on team merchandise or bonus bets.

The app curates a “Discover” page with games, promos, and offers tailored to you. While the platform is still refining its UX, its merchandise integration is ideal for diehard Colorado sports fans. Same Game Parlays are available across major leagues, live betting refreshes quickly with cash-out on many markets, and the futures board is deep for long shots on the Broncos, Nuggets, Avalanche, and Rockies.

Editor’s Note: Fanatics’ crossover between sports betting and sports merchandise makes it unlike any other operator in Colorado. Broncos hoodie with your winnings, anyone?

Read our Fanatics Sportsbook review here.

Sports Promo

4.3/5

Bet $50, Get $250 in FanCash

Welcome Offer

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ESPN BET CO Sportsbook

Pros & Cons

• ESPN Integration
• Appealing Interface
• Solid Bonuses

• No Support Phone Number

ESPN BET, backed by Penn Entertainment, delivers a sports media-rich betting experience to Colorado. Its integration with ESPN content means you can follow expert picks and live stats while placing bets on the same screen.

NFL coverage and promos are a focus, but you can also find solid odds on Nuggets, Avalanche, and Rockies games. ESPN BET features a robust in-play experience that updates fast and supports early cash-out on many wagers.

Editor’s Note: ESPN BET’s connected ecosystem of betting and sports content is perfect for fans who want their betting experience to feel like an extension of watching the game.

Read our ESPN BET Sportsbook review here.

Sports Promo

4.8/5

New Customers: Bet $5+ Get $300 in Bonus Bets If Your Bet Wins + 3 Months of League Pass On Us!

Welcome Offer

Open DraftKings

Get Bonus

Popular Sports to Bet on in Colorado

Colorado’s diverse sports scene offers plenty of opportunities for bettors year-round. From NFL Sundays at Empower Field to high-paced NHL action and a thriving college sports culture, there’s always something to wager on. Below are the most popular sports to bet on in Colorado, along with the local teams that keep fans engaged.

NFL - Denver Broncos

The Denver Broncos are the state’s most followed sports team and a major driver of betting activity during the NFL season. Games often feature exclusive promos and odds boosts from sportsbooks, especially for divisional matchups and primetime appearances. NFL betting in Colorado covers everything from point spreads and totals to player props and same-game parlays.

NBA - Denver Nuggets

Fresh off recent success, the Denver Nuggets are one of the top teams in the NBA and a favorite among bettors. NBA wagering in Colorado includes pre-game lines, in-play betting, and futures markets, with many fans backing Nikola Jokić for MVP or the Nuggets for another deep playoff run.

MLB - Colorado Rockies

Baseball bettors in Colorado follow the Rockies through a long MLB season, taking advantage of daily props, moneylines, and totals. Coors Field’s hitter-friendly conditions often influence totals markets, making Rockies games especially interesting for over/under bettors.

NHL - Colorado Avalanche

The Colorado Avalanche are a powerhouse in the NHL, making them a popular team for both local and national bettors. NHL wagering in the state ranges from live in-play action to futures bets on Stanley Cup contention, with playoff hockey in Denver drawing particularly strong interest.

MLS - Colorado Rapids

Soccer has a growing presence in Colorado thanks to the Rapids’ MLS schedule and international tournaments available through sportsbooks. Bettors can find odds on individual matches, goal scorers, and even live in-game props.

NCAA Sports - Colorado Buffaloes & Colorado State Rams

College football and basketball are huge in the state, with the Colorado Buffaloes and Colorado State Rams leading the way. NCAA football betting ramps up each fall, with fans backing their teams in rivalry games and bowl appearances. College basketball, including March Madness, is another popular betting season in the state.

CO Sports Betting Legislation

Colorado legalized sports betting in November 2019 after voters narrowly approved Proposition DD, a measure that allowed both retail and online wagering. The law authorizes each of the state’s 33 casinos to partner with one online sportsbook (or “skin”), enabling a wide variety of operators to enter the market. Regulation is overseen by the Colorado Division of Gaming, and all bettors must be physically located within the state and at least 21 years old to place a wager.

Online and retail sports betting officially launched on May 1, 2020, right in the early months of the COVID-19 pandemic. Despite a challenging start for retail locations, the online market quickly grew into one of the most competitive in the country, with over a dozen sportsbooks live by the end of its first year. Colorado’s 10% sports betting tax is earmarked primarily for water conservation projects.

Key Events in Colorado Sports Betting History

• May 14, 2018 - U.S. Supreme Court overturns PASPA, clearing the way for states to legalize sports betting.
• May 29, 2019 - Governor Jared Polis signs House Bill 1327, placing the sports betting question on the November 2019 ballot.
• Nov. 5, 2019 - Colorado voters approve Proposition DD by a narrow margin, legalizing sports wagering.
• May 1, 2020 - Colorado launches legal retail and online sports betting.
• 2021 - The state sees rapid expansion, with over 20 online sportsbooks active by the end of the year.
• 2022 - MaximBet and theScore Bet exit the Colorado market, while new brands like Bet365 enter.
• 2023 - Fanatics completes its takeover of PointsBet’s U.S. operations, rebranding in Colorado. State handle hits a record $716.4 million in December.
• 2024 - Multiple operators, including Betfred and ClutchBet, announce exits. Novig launches in January but pauses operations in April, planning a return as a betting exchange.
• Mar. 31, 2025 - Colorado reports $496.6 million in handle and $24.5 million in revenue for February.

Other Colorado Betting Options

While online and retail sports betting dominate Colorado’s wagering landscape, the state offers several other legal gambling opportunities. These options provide variety for those looking to diversify their play beyond traditional sports betting.

Colorado Lottery

The Colorado Lottery has been running since 1983, offering popular draw games like Powerball, Mega Millions, Lucky for Life, and the in-state Colorado Lotto+. Scratch-off tickets are also widely available at authorized retailers. Lottery proceeds support environmental and outdoor recreation projects across the state.

Horse Racing and Off-Track Betting (OTB)

Colorado has a limited live horse racing schedule, primarily at Arapahoe Park in Aurora during the summer months. Bettors can also wager on races nationwide through authorized off-track betting locations and licensed advance deposit wagering (ADW) platforms.

Casino Gaming

The state allows limited-stakes casino gaming in the historic mining towns of Black Hawk, Central City, and Cripple Creek. Casinos offer slot machines, table games, and poker. While there are no full-scale online casinos in Colorado, many retail locations are partnered with online sportsbook brands.

Daily Fantasy Sports (DFS)

DFS contests are legal in Colorado, with major operators like DraftKings and FanDuel offering daily and season-long fantasy sports competitions. Players can draft virtual teams across sports such as NFL, NBA, MLB, and NHL for a chance to win cash prizes.

Retail Betting Locations in Colorado

In addition to a robust online market, Colorado bettors can place wagers in person at licensed retail sportsbooks located inside the state’s casinos. These venues provide the full sports betting experience with live odds boards, betting windows, and comfortable viewing areas for major games.

Black Hawk

• Ameristar Casino Resort Spa Black Hawk - 111 Richman St, Black Hawk, CO 80422
• Monarch Casino Resort Spa Black Hawk - 488 Main St, Black Hawk, CO 80422
• Saratoga Casino Black Hawk - 101 Main St, Black Hawk, CO 80422
• The Lodge Casino - 240 Main St, Black Hawk, CO 80422
• Isle Casino Hotel Black Hawk - 401 Main St, Black Hawk, CO 80422

Central City

• Century Casino Central City - 102 Main St, Central City, CO 80427

Cripple Creek

• Bronco Billy’s Casino - 233 E Bennett Ave, Cripple Creek, CO 80813
• Century Casino Cripple Creek - 200 E Bennett Ave, Cripple Creek, CO 80813
• McGills Hotel & Casino - 232 E Bennett Ave, Cripple Creek, CO 80813

Colorado sports betting FAQ

To make sure you get accurate and helpful information, this guide has been edited by Damien Souness as part of our fact-checking process.